What's up with Aluminum???

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What's up with Aluminum???

Postby CLINT-THE-GREAT » Wed Jan 09, 2013 12:53 pm

Alright, I know Aluminum is not a PM, but my question is concerning it and PM's. Every morning I pull out my iPad and launch the Kitco app, and look at the Metals. The metals I have saved is Gold, Silver, Platinum, Palladium, Rhodium, Copper, Nickel, Aluminum, and Zinc. Most days last year I would launch it and all metals would have an increase and be in GREEN but only 1 metal would show a loss in RED and that would be Aluminum!!

Well the past 2-3 weeks when almost all metals have been showing a loss, Aluminum is showing a gain!! So my question is, WHAT'S UP WITH ALUMINUM???? I could understand if all the PM's went up and the Base Metals went down and vice versa, but thats not the case. Everything goes up, and Aluminum goes down. Or Aluminum goes up and everything else goes down! Can someone explain?

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Re: What's up with Aluminum???

Postby Tourney64 » Wed Jan 09, 2013 1:01 pm

Alcoa came out yesterday with great q4 results, which is now pushing the price up. I don't think there is much if a relationship to aluminum and precious metals.
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Re: What's up with Aluminum???

Postby scyther » Wed Jan 09, 2013 1:54 pm

Does Kitco have a spot price for iron? I can't find one...
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Re: What's up with Aluminum???

Postby CLINT-THE-GREAT » Wed Jan 09, 2013 2:12 pm

scyther wrote:Does Kitco have a spot price for iron? I can't find one...


Perhaps on the actual website (computer) but not that I have seen on the App

-The Great
"Don't believe everything you read on the internet."
- Abraham Lincoln

"Thinking is the hardest work there is, which is the probable reason so few engage in it."
- Henry Ford

"Opportunity is missed by most people because it is dressed in overalls and looks like work."
- Thomas A. Edison

"Put your money somewhere it won't just dissolve
-Barrytrot
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CLINT-THE-GREAT
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Location: Central Illinois


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